Walgreen (WAG) will buy Drugstore.com (DSCM) for $409M. The $3.80/share deal is a 112% premium...

|By:, SA News Editor

Walgreen (WAG) will buy Drugstore.com (DSCM) for $409M. The $3.80/share deal is a 112% premium to DSCM's closing price yesterday; Walgreen justifies the premium by saying the deal "will provide us immediate access to more than 3M savvy, online loyal customers." (PR)